BankDirect Money Market Plus Account Review: 1.35% APY Rate

BankDirect is offering residents nationwide an attractive 1.35% APY for their Money Market Plus Account. To qualify for the attractive rate, simply open an account with a minimum opening deposit of $500. Not only are you able to earn the attractive rate, but you will also have the chance to utilize great account features such as first order of 50 personalized checks for free as well as a free ATM card and so much more! Additionally, you will have the chance to earn interests on balances of $10,000.00 and greater. For those who are interested, be sure to apply as soon as you can, as the rate is subject to change!

BankDirect Money Market Plus Account Features:

MMA Transaction Limitations: Six (6) transactions per month, all of which can be withdrawals by check, draft, including POS transactions – made by the depositor and payable to third parties

Checks upon request, first order of 50 personalized checks for free

Free ATM card

Four (4) reimbursed ATM withdrawals per statement cycle (up to $2.50 per transaction)

Unlimited ATM withdrawals without penalty (ATM withdrawals do not count against the six transaction limit)

BankDirect Money Market Plus Fine Print:

Interest compounded daily

Interest paid on collected balances of $10,000.00 and greater

There will be a $10.00 fee per transaction for excess transactions

Online Bill Pay and debit cards are not available to Money Market Account holders.

Conclusion:

At the end of the day, the current rate from BankDirect ranks among one of the highest in nation. For those who are interested, simply apply for a new MMA account and meet the deposit requirement. Once you have done so, you will be able to enjoy both the great rate as well as a host of features to better your online banking experience. Additionally, you will be able to earn interest on balances of $10,000 or great. How amazing is that? However, if you are not currently interested, be sure to check out our list of best savings rates for all your saving needs!

Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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